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Your results are here!! for" FINANCING TO CUSTOM HIRING/ SERVICE UNITS "
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Question 1 of 10
1. Question
What is the main purpose of financing under the Custom Hiring/Service Units scheme?
Correct
The scheme finances setting up custom hiring/service units that maintain a fleet of agricultural machinery and undertake work for farmers on contract.
Incorrect
The scheme finances setting up custom hiring/service units that maintain a fleet of agricultural machinery and undertake work for farmers on contract.
Unattempted
The scheme finances setting up custom hiring/service units that maintain a fleet of agricultural machinery and undertake work for farmers on contract.
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Question 2 of 10
2. Question
Which of the following machinery may form part of the fleet of a custom hiring/service unit?
Correct
The scheme covers machinery such as tractors, bulldozers, well-boring equipment, threshers, combines and harvesters.
Incorrect
The scheme covers machinery such as tractors, bulldozers, well-boring equipment, threshers, combines and harvesters.
Unattempted
The scheme covers machinery such as tractors, bulldozers, well-boring equipment, threshers, combines and harvesters.
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Question 3 of 10
3. Question
The custom hiring/service units undertake work for farmers on what basis?
Correct
The units maintain agricultural machinery and undertake work for farmers on contract.
Incorrect
The units maintain agricultural machinery and undertake work for farmers on contract.
Unattempted
The units maintain agricultural machinery and undertake work for farmers on contract.
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Question 4 of 10
4. Question
Who can be eligible for financing under the Custom Hiring/Service Units scheme?
Correct
All individuals, organizations and institutions eligible to be covered under Agriculture credit as per extant guidelines may be eligible.
Incorrect
All individuals, organizations and institutions eligible to be covered under Agriculture credit as per extant guidelines may be eligible.
Unattempted
All individuals, organizations and institutions eligible to be covered under Agriculture credit as per extant guidelines may be eligible.
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Question 5 of 10
5. Question
What types of facilities are available under the Custom Hiring/Service Units scheme?
Correct
The scheme provides both Term Loan and Working Capital facilities.
Incorrect
The scheme provides both Term Loan and Working Capital facilities.
Unattempted
The scheme provides both Term Loan and Working Capital facilities.
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Question 6 of 10
6. Question
How is the extent of Term Loan determined under the scheme?
Correct
The Term Loan is need based.
Incorrect
The Term Loan is need based.
Unattempted
The Term Loan is need based.
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Question 7 of 10
7. Question
What is the maximum Working Capital limit in relation to projected receipts under the scheme?
Correct
Working Capital is need based, subject to a maximum of 50% of projected receipts, with an additional ceiling linked to the realizable value of mortgaged IP.
Incorrect
Working Capital is need based, subject to a maximum of 50% of projected receipts, with an additional ceiling linked to the realizable value of mortgaged IP.
Unattempted
Working Capital is need based, subject to a maximum of 50% of projected receipts, with an additional ceiling linked to the realizable value of mortgaged IP.
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Question 8 of 10
8. Question
What is the prescribed margin for Term Loan under the Custom Hiring/Service Units scheme?
Correct
The prescribed margin for Term Loan is 25%.
Incorrect
The prescribed margin for Term Loan is 25%.
Unattempted
The prescribed margin for Term Loan is 25%.
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Question 9 of 10
9. Question
How can unencumbered existing farm machinery owned by the entrepreneur be treated under the scheme?
Correct
Unencumbered existing farm machinery such as sugarcane harvesters, planters, seeders or mulchers may be treated as margin contribution.
Incorrect
Unencumbered existing farm machinery such as sugarcane harvesters, planters, seeders or mulchers may be treated as margin contribution.
Unattempted
Unencumbered existing farm machinery such as sugarcane harvesters, planters, seeders or mulchers may be treated as margin contribution.
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Question 10 of 10
10. Question
What is the maximum repayment period for Term Loan, including the gestation period?
Correct
The Term Loan has a maximum repayment period of 7 years, including a maximum gestation period of 1 year.
Incorrect
The Term Loan has a maximum repayment period of 7 years, including a maximum gestation period of 1 year.
Unattempted
The Term Loan has a maximum repayment period of 7 years, including a maximum gestation period of 1 year.